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Nigeria, China, India Among 10 Most Improved Economies – World Bank - Politics - Nairaland

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Nigeria, China, India Among 10 Most Improved Economies – World Bank by NGpatriot: 2:04am On Jan 16
Nigeria, China, and India made the top 10 list of governments that have done the most in the past year to improve the ease of doing business in their countries, the World Bank said on Wednesday.

Despite the bitter trade war, in which the United States is demanding reforms from Beijing to protect intellectual property and open its economy further to American businesses, China made the top 10 list for the second year in a row.

With those improvements, China leapfrogged France to take the 31st spot in the “ease of doing business” ranking, moving up 15 places, according to the World Bank report.

And despite US complaints, the report credited China with improving protections for minority investors, strengthening procedures for enforcing contracts and making trade easier with changes to customs administration and port infrastructure.

“Removing barriers facing entrepreneurs generates better jobs, more tax revenues and higher incomes, all of which are necessary to reduce poverty and raise living standards,” World Bank Group President David Malpass said in a statement.

Nigeria is also ranked 131 on the list after moving up by 15 places from its 2019 spot.

“Nigeria conducted reforms impacting six indicators, including making the enforcement of contracts easier, which placed the 200-million-person economy among the world’s top improvers.


“Only two Sub-Saharan African economies rank in the top 50 on the ease of doing business rankings while most of the bottom 20 economies in the global rankings are from the region,” WorldBank said in a statement.

India landed on the most-improved list for the third year in a row, making it easier to start a business by abolishing filing fees, lowering the time and cost of seeking construction permits and making trade easier with port improvements and an improved electronic platform for submitting documents.

The country jumped 14 places to number 63 in the global rankings.

The other eight economies where business climates improved the most were Saudi Arabia, Jordan, Togo, Bahrain, Tajikistan, Pakistan, Kuwait, China, India, and Nigeria, the study found.

New Zealand continues to top the global rankings, with Singapore, Hong Kong right behind, with Korea in fifth place, and the United States sixth.

The World Bank studies reforms in 10 areas of business activity in 190 economies, including issues like construction permits, getting electricity and paying taxes
https://www.channelstv.com/2019/10/24/nigeria-china-india-among-10-most-improved-economies-world-bank/?fbclid=IwAR0Az8bMGhn4pkfmyvR7yo0mJIDJGgwYhGqGZuZUutiVLF2ImHJ6SJTo3sY

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Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by pascalbenz: 5:16am On Jan 16
Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by nototribalist: 5:19am On Jan 16
Whenever world bank and IMF wants to kill someone with a loan, they start to praise him first.

I don't know why they do this things to African countries

77 Likes 8 Shares

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by NGpatriot: 5:29am On Jan 16
nototribalist:
Whenever world bank wants to kill someone with a loan, they start to praise him first.

I don't know why they do this things to African countries


I don't know why you people are so allergic to good news, all you pray and hope for is bad news.

215 Likes 30 Shares

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by damosade(m): 5:35am On Jan 16
Hmmm, I don't even know how this buharimetrics is being measured.
Where are the KPIs? Are you enjoying better?
Is the school fees reduces? Food nko?


Is your salary increased?

Then give me the parameters to measure the economical improvement.

Average man on the street doesn't understand your economic jargons.

30 Likes 8 Shares

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by SouthSouth1914: 5:36am On Jan 16
improved economy? In what sense?? A telecom driven industry where data is super expensive in a third World country is a yardstick for them to tie their findings!

8 Likes 5 Shares

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by contigiency(m): 5:36am On Jan 16
Whereas the naysayers are saying that buhari and his economic team are illiterates. As for me, if buhari's rise and what he has been doing in the country since he took over is how illiterates govern, then God may you continue to give us such illiterates in our country. That's what we need.

And with the recent finance act signed by the president which excluded SMEs of certain turnovers from some taxes and some locally produced goods, Nigeria will continue to improve on this rating.

65 Likes 9 Shares

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by Osnuf34(m): 5:36am On Jan 16
On what yardstick is your statistics pls?

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Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by Ebukawaylaid(m): 5:36am On Jan 16
OK
Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by seunlayi(m): 5:37am On Jan 16
Based on statistics given to them by the bank in this pics after funding the well in this project.

For we Nigerians, we can see and feel that our economy is going down

13 Likes 4 Shares

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by Nobody: 5:38am On Jan 16
NGpatriot:



I don't know why you people are so allergic to good news, all you pray and hope for is bad news.

He needs an orgasm, he was supposed to get that from badnews, since none is available yet, let him make one.

26 Likes 3 Shares

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by Fuckdem(m): 5:40am On Jan 16
Sometimes let's just accept goodnews and stop trying to make it look bad, World Bank cannot just drop this type of information, they must have carried out their survey on this countries,So as Nigerians we should try to embrace all forms of positivity.... God bless all Nairalanders
God bless Nigeria
God bless all legit hustler
Forward ever.... Backward never

64 Likes 7 Shares

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by dollarsplenty(m): 5:41am On Jan 16
Most improved here means Nigeria moved up from 146 to 131 despite billions of dollars borrowed last year.

Nigeria can do better than this. By now Nigeria is supposed to have broken into at least top 100 most improved economy in the world.

Abi, which parent go happy say im pikin carry 131 for class after spending huge money on him?

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Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by seunlayi(m): 5:42am On Jan 16
ease of doing business, which business? Abi killing business.


Wait o, it seems the rate at which EFcc display suspects with mugshots has reduced, hop it is not that somebody sue them?

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Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by oluwatosink: 5:42am On Jan 16
There is high production and investment in the country..
That we lead to economic development.

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Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by fairfora: 5:42am On Jan 16
The government would be quick to sponsor this news to make the headlines. But whenever the opposite is said, they're quicker to say....not in my country shocked
A lot needs to be done to stem insecurity in the land. It worsens everyday. No investors would come when the environment isn't safe. The government are also our worst enemies. A region launched an outfit to assist the police deal with terrorist and kidnappers but now, they're politicising it. Shame! Amotekun is here to stay. This is the only region in the country which dictates the African economy and generates the highest revenue to the government yearly.

6 Likes 1 Share

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by englishmart(m): 5:42am On Jan 16
That's beautiful, just that we're still the headquarters of extreme poverty.

1 Like

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by NaijaOlosho(f): 5:42am On Jan 16
grin
Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by SouthSouth1914: 5:43am On Jan 16
contigiency:
Whereas the naysayers are saying that buhari and his economic team are illiterates. As for me, if buhari's rise and what he has been doing in the country since he took over is how illiterates govern, then God may you continue to give us such illiterates in our country. That's what we need.

What a clownish way to draw your conclusions! These illiterates and money gobblers took Nigeria into a recession! The indices are there for everyone to see! Please read and be guided.

7 Likes 3 Shares

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by parzdor(m): 5:43am On Jan 16
bubu is working grin over to u wailers

4 Likes 1 Share

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by Ekpekpee: 5:43am On Jan 16
This is rubbish, economy that can not reflect on its masses, is that one economy?
Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by shadeyinka(m): 5:44am On Jan 16
Sometimes I wonder where these data comes from. One of the best improved economy with rising inflation and poorer standard of living.

You wonder then what happens to the rest of the world

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Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by NaijaOlosho(f): 5:44am On Jan 16
Fuckdem:
Sometimes let's just accept goodnews and stop trying to make it look bad, World Bank cannot just drop this type of information, they must have carried out their survey on this countries,So as Nigerians we should try to embrace all forms of positivity.... God bless all Nairalanders
God bless Nigeria
God bless all legit hustler
Forward ever.... Backward never

A Fulani slave spotted.

Keep licking their ass

8 Likes 1 Share

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by juman(m): 5:44am On Jan 16
It must be a joke.
Rather the economy is very bad.
Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by holafloyd(m): 5:44am On Jan 16

1 Like 1 Share

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by Kay512: 5:45am On Jan 16
131. Ease of doing business.
-
CHECK OUT THE LIST OF VISA FREE COUNTRIES FOR NIGERIANS.
Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by contigiency(m): 5:45am On Jan 16
NGpatriot:



I don't know why you people are so allergic to good news, all you pray and hope for is bad news.

Don't mind those foster children whose country of origin remains unknown, but parading themselves as Nigerians.

8 Likes 2 Shares

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by englishmart(m): 5:45am On Jan 16
contigiency:
Whereas the naysayers are saying that buhari and his economic team are illiterates. As for me, if buhari's rise and what he has been doing in the country since he took over is how illiterates govern, then God may you continue to give us such illiterates in our country. That's what we need .

1 Like

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by Alexandro15: 5:46am On Jan 16
Audio improvement. angry

1 Like

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by bukkielee(m): 5:46am On Jan 16
Lies lies lies lies lies lies lies lies lies lies

2 Likes

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by 360command: 5:47am On Jan 16
Today we are improving, tomorrow we are worst dangerous place to invest. Economic romancist should leave Nigeria out of this

2 Likes

Re: Nigeria, China, India Among 10 Most Improved Economies – World Bank by Justinlean02(m): 5:47am On Jan 16
what kinda well is that up there pls, it's a death trap and I wonder how many people must have fallen over such poorly handled project
This is as scary as the come

5 Likes

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